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Safaricom s bid to operate M-Pesa in Addis boosted by mobile money services launch

Safaricom’s bid to operate M-Pesa in Addis boosted by mobile money services launch Wednesday May 19 2021 Safaricom Plc headquarters in Kenya s capital Nairobi. The telco is eyeing the Ethiopian Market. PHOTO | FILE | NMG Advertisement Safaricom is still hopeful that it will launch mobile money services in Ethiopia as it awaits the decision on the acquisition of a licence to operate in the country. The telco’s bid for control of the Ethiopian telecommunication market seems to have received a boost ahead of the official acquisition of the licence with the news that the Addis administration plans to liberalise mobile money services next year.

African titans Vodacom, MTN battle for lucrative Ethiopia deal

African titans Vodacom, MTN battle for lucrative Ethiopia deal Monday May 03 2021 Balcha Reba (2nd left), director-general of the Ethiopian Communications Authority, shows a proposal from a bidder during the big opening ceremony for the telecommunications licences award, in Addis Ababa on April 26, 2021. Ethiopia announced it had received two bids for licences that would end the government’s monopoly in the telecoms sector. PHOTO | AFP Advertisement The battle for the lucrative Ethiopian telecommunications market has narrowed down to consortia led by two of Africa’s telecom giants, Vodacom and MTN Group, setting another stage for their sustained competition for the continental market.

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